Penn Central offers Lorain County debt settlement plan
Lorain County and 28 taxing districts face a 30 day window to accept or reject Penn Central Transportation Co debt terms approved by the Philadelphia bankruptcy court. The offer totals 44 percent cash on 1.3 million in taxes due plus notes for the balance, with cash installments starting this year and notes secured by assets or Conrail debt. Officials project full discharge by 1987, while liquidation remains the alternative.
MENTIONED IN THIS ARTICLE
Lorain County
Penn Central Transportation Co
J. Grant Keys
Penn Central
Philadelphia
Keys
Penn-Central
Conrail
Penn-Cental
Penn- Central
Allies back Carter decision on neutron bomb deferment
United States allies voiced understanding of President Carter's move to defer neutron bomb production. West German and British officials praised restraint while discussing implications for NATO modernization and leverage in disarmament talks. Dutch and Danish leaders welcomed the step, noting potential arms limit progress.
MENTIONED IN THIS ARTICLE
United Press International
America
NATO
Carter
United States
Joseph Luns
U.S
Copenhagen
Denmark
London
Britain
Firefighters Battle 1400-Acre Forest Blaze in Kentucky
Flying firefighter helicopter drops water as crews trench eight miles around a wildfire in Daniel Boone National Forest McCreary County Kentucky. Firefighters aimed to contain the blaze by day’s end and prevent further spread.
MENTIONED IN THIS ARTICLE
Daniel Boone National Forest
McCreary County
Soviets Say Carter Tied Neutron Deferment to Strings
Moscow alleges President Carter sought concessions by linking the U S deferral of neutron warhead production to broader Soviet defense strength. Tass asserts the move aimed to defuse protests and pave the way for later deployment in Western Europe. Carter said his final decision would reflect Soviet restraint in arms programs and deployments.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Carter
U.S
Tass
Europe
Head pops from storm drain in street incident
Suzanne Caldwell and Pedro Aranda narrowly avoided injury when a woman's head appeared from a storm drain as they passed. The elderly woman apparently dropped her purse, entered the drain to retrieve it, then poked her head out seeking help before bystanders and police assisted her and she walked away uninjured.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Suzanne Caldwell
Pedro Aranda
Aranda
Miss Caldwell
Fatal crash at Rt 10 83 intersection kills cyclist
A Berea motorcyclist Elmo Jones 51 died at Elyria Memorial Hospital after a collision with a car at Rt 10 and 83. His wife Faith 43 and rider Charles Starling 43 were listed in critical condition. Driver David Porter 19 of LaGrange is charged with driving under the influence and aggravated vehicular manslaughter. A fifth passenger had minor injuries. River outlook calls for cooler, sunny afternoon and a chance of showers Sunday.
MENTIONED IN THIS ARTICLE
North Ridgeville
Berea
Rts
LaGrange
Elmo
Bob) Jones
Kraft St
Elyria Memorial Hospital
Faith
Charles Starling
Fair St
University Hospital
Cleveland
David Porter
Webster Rd
Porter
William Baumhardt
Webster Road
Rt. 10
Jones
Patice
Bergland May Quit Over Carter Farm Legislation Stance
Agriculture Secretary Bob Bergland weighs resignation amid White House indecision on emergency farm legislation. A Detroit Free Press report cites a close associate saying Bergland is upset by Carter’s unclear increase in farm price supports. Bergland warned aides he can no longer lobby for a bill without a firm White House position.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Bob Bergland
White House
Detroit Free Press
Bergland
Carter
The
Free Press
Congress
House- Senate
Highway crew tears up crossing on Indiana 3 near North Vernon
Motorists complained of a bumpy crossing and the Indiana Highway Department tore out the tracks and paved the crossing on Indiana 3 near North Vernon. The line from Madison to North Vernon had been operated by Madison Railway Co under permission from federal and state rail authorities, unbeknownst to officials who believed the route was abandoned.
MENTIONED IN THIS ARTICLE
North Vernon
Ind
UPI
Highway Department
Alleghenies
Indiana Highway Department
Indiana 3
Madison
ConRail
Penn Central Railroad
Michael Klaus
Indianapolis
Klaus
Canal Workers Speak on Future of the Waterway
Freelance writer William F. Wright travels the Panama Canal aboard an American tanker carrying 48,000 tons of crude oil to capture how the Americans who operate the canal view their dedication and its future amid treaty debates. The piece contrasts a canal nostalgia with current American labor perspectives aboard the transit.
MENTIONED IN THIS ARTICLE
Panama Canal
William F. Wright
UPI
Wright
Panama
Canal Zone
U.S. Senate
Amercains
Also Mentioned on This Page
Walter Godfrey
Budget Commission
Ohio
Julian A Pijor
Alty. Corrine
John Kenney
Germany
Klaus Boelling
Bonn
George Verban
BBR Editorial
C-T
Dave Zapotosky
West Salem
Abe Weaver
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